FINAL EXPENSE INSURANCE
Final expense insurance, or burial insurance, is a type of Whole Life Insurance that covers end-of-life costs, including funeral arrangements and any outstanding medical or legal expenses that your beneficiary must pay. This type of insurance helps ensure that your loved ones are not left with financial strain, as the average funeral cost can exceed $10,000.
ENSURE THE LONG-TERM CARE WE NEED
When protecting your retirement savings from the costs of long-term care in retirement, you want choices, not restrictions. How confident are you that you can cover the unexpected? Long-term care insurance extends beyond health insurance by reimbursing for services required to assist individuals who have difficulty caring for themselves due to age, injury, illness, or cognitive impairment.
INFINITE BANKING
Infinite banking is a personal finance strategy that leverages a whole life policy as a “personal bank.” The concept involves taking tax-free loans against the policy’s death benefit, using the policy’s cash value as collateral while getting guaranteed interest and dividends on the entire cash value, and being able to pay back your “personal bank” to facilitate even greater financial leverage. This concept provides flexibility, liquidity, and control that people like you need to create financial freedom.